Views on this week's key events - ING
Analysts at ING Bank offered their Global Economic Calendar/ING's view on this week's key data and events.
Key Quotes:
"The Eurozone focus will be on inflation."
"After an unexpected drop in core inflation in October, the question is how much of a bounce back can be expected. Also important will be unemployment; surveys have been indicating stronger hiring over the past months, is the labour market recovery indeed accelerating?"
"In Sweden, Q3 GDP will be out on Thursday. We expect another strong performance as near-term Swedish growth momentum remains strong and recent weakness in the housing market is unlikely to have affected Q3 data."
"The Ifo index has come in too early to give a first grasp of how German businesses look at the collapse of the coalition talks. The December number will give better insights."
"For the rest, it will be politics not economics dominating German headlines next week."